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Stock Market & Financial Investment News

News For TSL From The Last 14 Days
Check below for free stories on TSL the last two weeks.
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June 19, 2013
07:52 EDTTSLTrina Solar management to meet with Deutsche Bank
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June 18, 2013
10:31 EDTTSLTrina Solar management to meet with Deutsche Bank
Meeting to be held in New York / San Francisco on June 18 hosted by Deutsche Bank
09:15 EDTTSLChina to generate more heat using solar energy, China Daily says
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June 17, 2013
12:29 EDTTSLOn The Fly: Midday Wrap
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10:40 EDTTSLSolar stocks jump after China backs industry
Chinese solar energy stocks are jumping after the Chinese government ordered power producers and lenders to provide more support to the industry. WHAT'S NEW: China's government announced that electric grid companies should give priority to obtaining power from solar plants, Bloomberg reported on Saturday. Lenders must help Chinese solar companies raise money, the news service also quoted the government as saying. TODAY'S PRICE ACTION: In mid-morning trading, LDK Solar (LDK) rallied 9.5% to $1.50, Suntech Power (STP) jumped 7% to $1, Trina Solar (TSL) surged 7% to $6.35. Yingli Green jumped 10% to $3.18, and Jinko Solar (JKS) climbed 7% to $9.40. WHAT'S NOTABLE: The EU has imposed high tariffs on Chinese solar companies, as it has accused the companies of selling solar panels at artificially low prices. Some EU countries have said that the dispute with China should be resolved quickly.
June 15, 2013
15:50 EDTTSLChina to boost solar industry with easier financing, Bloomberg says
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June 13, 2013
06:26 EDTTSLIHS: Europe solar installations to fall to 11.6GW in 2013, DigiTimes says
Europe solar installations are expected to fall by more than 6GW in 2013, reports DigiTimes, citing IHS. Anti-dumping duties on China-made modules is expected to cause 1.3GW of that decline. Reference Link
June 12, 2013
13:09 EDTTSLIHS still expects solar installations to grow by at least 10% this year
European photovoltaic installations are forecast to fall by more than 6 gigawatts, or GW, in 2013, with 1.3 GW of this decline attributed to incoming EU anti-dumping duties on Chinese modules according to a recently released analysis from IHS, the firm disclosed yesterday. Despite this dramatic fall, IHS still predicts global installations will grow at a double-digit rate to 35 GW in 2013 driven by a surge in demand in Asia. In its latest quarterly analysis on global photovoltaic installation demand, IHS cut has cut its forecast for the second half of 2013 in Europe by more than 1.3 GW, citing the anti-dumping tariffs that came into force on June 6. As a result of these duties, and several other factors, including changes to incentive systems, IHS predicts total European PV installations will fall to 11.6 GW in 2013, down 33 percent from 17.7 GW in 2012.Reference Link
June 11, 2013
11:46 EDTTSLSolar names fall after LDK highlights polysilicon price weakness
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June 6, 2013
09:45 EDTTSLChina to up solar subsidies in face of EU tariffs, Want China Times says
In response to anti-dumping tariffs imposed by the European Commission, the Chinese government will introduce new strategies and increase the amount of subsidies available for its domestic solar industry, reported Want China Times, citing the Chinese-language Commercial Times. Reference Link
June 5, 2013
16:26 EDTTSLOn The Fly: Closing Wrap
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12:32 EDTTSLOn The Fly: Midday Wrap
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10:07 EDTTSLOn The Fly: Analyst Downgrade Summary
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09:45 EDTTSLEU imposes tariffs on Chinese solar companies, Guardian reports
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09:25 EDTTSLOn The Fly: Pre-market Movers
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08:07 EDTTSLTrina Solar releases statement on preliminary determination of anti-dumping duty
"Trina Solar is disappointed with the European Commission's preliminary conclusion, as we disagree that we have dumped imports into the European market. The decision will negatively affect the European solar industry and is against the interests of the global solar market... We will continue to cooperate with the European Commission's investigation, and use evidence to defend our position that these duties are unwarranted and serve as an impediment to the broader adoption of solar energy as a sustainable energy source. We urge all parties involved to seek a mutually beneficial solution through consultation and negotiation. As a forward-thinking global company, we will continue to deploy options to most effectively serve all of our solar markets."
07:15 EDTTSLTrina Solar downgraded to Sell from Neutral at Goldman
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